Category: Uranium

Uranium stocks are underestimated and ready to rumble. Consider these three titans.

Cameco ( CCJ ): A solid operating outlook paired with a bullish tag from Bank of America raises optimism.

Uranium Energy Corp ( UEC ): And underestimated vertically integrated powerhouse.

Paladin Energy ( PALAF ): Solid mine development plans and a recent acquisition play into its broader growth story. Source: John Carnemolla / Shutterstock.com The uranium spot price has dropped by approximately 18% since January, below the $85 handle . As such, numerous uranium stocks have shed weight, concurrently casting doubt over the industry.Falling uranium prices are a severe headwind. However, as a contrarian, I believe uranium’s recent decline has sparked a buying opportunity, especially given the ongoing worldwide energy shortage. Thus, I embarked on a journey to find three best-in-class uranium stocks to buy. My screening process focused on fundamental aspects, valuation multiples and technical analysis. […]

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Up until 2009, Canada was the world’s largest producer of uranium, according to the World Nuclear Association , having accounted for roughly 22 per cent of global production.

Although Kazakhstan has overtaken the role as the world’s top producer of the fuel used in nuclear power, Canada still ranks second and produces an estimated 13 per cent of uranium.

In tandem with this, the nation also has the world’s largest deposits of high-grade uranium, which grades up to 20 per cent uranium, making it 100 times greater than the global average, as per the Government of Canada.

All of this is to say that Canada is rich in uranium and, in conjunction, the companies producing it.Case in point, Cameco (TSX:CCO) is Canada’s largest producer of uranium as well as the global top producer. The company has its operations set up in Northern Saskatchewan, which is where all operating uranium mines and mills […]

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Uranium Energy logo ProShare Advisors LLC boosted its position in Uranium Energy Corp. ( NYSEAMERICAN:UEC – Free Report ) by 10.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,268 shares of the basic materials company’s stock after acquiring an additional 6,643 shares during the quarter. ProShare Advisors LLC’s holdings in Uranium Energy were worth $468,000 at the end of the most recent quarter.

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A number of other institutional investors also recently added to or reduced their stakes in UEC. CWM LLC lifted its holdings in Uranium Energy by 22.2% during the 4th quarter. CWM LLC now owns 9,784 shares of the basic materials company’s stock worth $63,000 after buying an additional 1,776 shares during the last quarter. Parallel Advisors LLC lifted its stake in Uranium Energy by 39.7% during the fourth […]

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Surging tech-related energy consumption bodes well for these best uranium stocks.

BHP ( BHP ): BHP is a basic materials giant that offers a wide canvas.

Cameco ( CCJ ): Cameco is a powerhouse in the uranium industry.

Energy Fuels ( UUUU ): Energy Fuels is a high-risk, high-reward opportunity. Source: Shutterstock Although a somewhat controversial investment category, the bullish case for the best uranium stocks has become extraordinarily compelling. It all centers around one catalyst: rising energy consumption from advanced technologies, particularly artificial intelligence.According to a Goldman Sachs report, AI could spark a 160% increase in data center power demand . On one hand, the amount of power consumed underscores the rising utility of digital intelligence. However, without making the power grid more resilient, modern societies face a serious dilemma. In the domestic front, The Washington Post warned that America is running out of power.What makes nuclear energy […]

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Uranium stocks are on the rise, as a number of geopolitical and macro tailwinds converge.

Cameco Corporation ( CCJ ): The nuclear fuel giant is using automation and AI to create a unique offering for investors.

Uranium Energy ( UEC ): Aims to continue to expand across North and South America.

Ur Energy ( URG ): The company saw a significant boost in production in Q1.. Source: Shutterstock Investors eyeing growth should consider top uranium stocks. As AI and tech demand high energy, the U.S. power grid may struggle. Despite the efficiency of advanced technologies, substantial energy consumption (and incredible growth on this front) is unavoidable. Uranium’s energy density makes it a crucial power source for humanity’s future needs.Notably, Kazakhstan’s plan to raise uranium’s Mineral Extraction Tax (announced on July 10) has spurred considerable investor interest in the sector. Effective January 1, 2025, the tax will rise […]

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Surging tech-related energy consumption bodes well for these best uranium stocks.

BHP ( BHP ): BHP is a basic materials giant that offers a wide canvas.

Cameco ( CCJ ): Cameco is a powerhouse in the uranium industry.

Energy Fuels ( UUUU ): Energy Fuels is a high-risk, high-reward opportunity. Source: Shutterstock Although a somewhat controversial investment category, the bullish case for the best uranium stocks has become extraordinarily compelling. It all centers around one catalyst: rising energy consumption from advanced technologies, particularly artificial intelligence.According to a Goldman Sachs report, AI could spark a 160% increase in data center power demand . On one hand, the amount of power consumed underscores the rising utility of digital intelligence. However, without making the power grid more resilient, modern societies face a serious dilemma. In the domestic front, The Washington Post warned that America is running out of power.What makes nuclear energy […]

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Snow Lake " or the " Company ") is pleased to provide an update on its Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan, Canada.

CEO Remarks

" We are pleased to have completed our acquisition of the option to acquire a 100% interest in the Black Lake Uranium Project" commented Frank Wheatley, CEO of Snow Lake. He continued: " With permits expected shortly, we can now begin to schedule in earnest our exploration program, and expect to initiate the program with an airborne survey of the entire project area. In addition, we can now give the green light to our exploration crews to begin preparation to mobilize to the field for initial prospecting and ground geophysics, focusing on areas of known uranium mineralization."

Black Lake Uranium Project The Black Lake Uranium Project is located in the northeastern Athabasca Basin, Saskatchewan. Uranium mineralization was discovered in […]

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New Age Metals Mr. Fraser Rieche reports:

VANCOUVER, British Columbia, July 24, 2024 (GLOBE NEWSWIRE) — Global Uranium Corp. (CSE: GURN | OTC PINK: GURFF | FRA: Q3J) (the " Company ") is pleased to announce a non-brokered private placement for gross proceeds of up to C$3,000,000 (the “ Offering ”).

The Offering is expected to consist of the offering of: (i) units of the Company at a price of $0.35 per unit (the “ $0.35 Unit ”) for aggregate gross proceeds of up to C$2,000,000, with each $0.35 Unit comprised of one non-flow-through common share of the Company (each, a “ Share ”) and one Share purchase warrant of the Company entitling the holder to acquire one Share (each, a “ Warrant Share ”) at a price of C$0.45 per Warrant Share for a period of twenty-four months from the date of issuance (the “ Non-Flow Through Offering “); and […]

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Jaguar Uranium plans to list on a North American stock exchange soon. Credit: RHJPhtotos/Shutterstock. Globally diversified uranium company IsoEnergy has announced the sale of its Argentina-based uranium projects to Jaguar Uranium, as its enhances its focus on core jurisdictions including the US, Canada and Australia.

The deal includes the transfer of 100% of the shares of IsoEnergy’s subsidiary, which holds interests in the Laguna Salada Project in Chubut and the Huemul Project in Mendoza in Argentina.

Jaguar Uranium, a privately held company with a focus on the uranium sector in Latin America, plans to list on a North American stock exchange soon.

The acquisition’s terms involve Jaguar offering $10m of its Class A common shares at $5 per share, amounting to two million Jaguar Shares.Additionally, Jaguar has committed to a 2% net smelter returns (NSR) royalty on all production from the Laguna Salada Project.See Also: Sudan’s gold industry: opportunity amid geopolitical tension? […]

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Article content

TORONTO, July 23, 2024 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. ( TSXV: GCOM ), (“ Green Shift ” or the “ Company ”) is pleased to congratulate both our portfolio companies IsoEnergy Ltd. (“ IsoEnergy ”) and Jaguar Uranium Corp. (“ Jaguar ”) on completion of the transaction whereby Jaguar has acquired the Laguna Salada and Huemul uranium projects in Argentina from IsoEnergy.

Pursuant to the transaction, Jaguar acquired all of the issued and outstanding shares of wholly-owned subsidiary of IsoEnergy holding these assets in exchange for consideration of US$10M in common shares of Jaguar (“ Jaguar Shares ”) among other consideration as per IsoEnergy’s press release dated July 22, 2024.

Article contentTrumbull Fisher CEO commented “We are thrilled to see IsoEnergy and Jaguar complete this transaction as shareholders in both companies. The transaction increases Jaguar’s foot print in South America and we believe it will also increase […]

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Jaguar Uranium plans to list on a North American stock exchange soon. Credit: RHJPhtotos/Shutterstock. Globally diversified uranium company IsoEnergy has announced the sale of its Argentina-based uranium projects to Jaguar Uranium, as its enhances its focus on core jurisdictions including the US, Canada and Australia.

The deal includes the transfer of 100% of the shares of IsoEnergy’s subsidiary, which holds interests in the Laguna Salada Project in Chubut and the Huemul Project in Mendoza in Argentina.

Jaguar Uranium, a privately held company with a focus on the uranium sector in Latin America, plans to list on a North American stock exchange soon.

The acquisition’s terms involve Jaguar offering $10m of its Class A common shares at $5 per share, amounting to two million Jaguar Shares.Additionally, Jaguar has committed to a 2% net smelter returns (NSR) royalty on all production from the Laguna Salada Project.See Also: Sudan’s gold industry: opportunity amid geopolitical tension? […]

Click here to view original web page at www.mining-technology.com

Green Shift Commodities Ltd. TORONTO, July 23, 2024 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. ( TSXV: GCOM ), (“ Green Shift ” or the “ Company ”) is pleased to congratulate both our portfolio companies IsoEnergy Ltd. (“ IsoEnergy ”) and Jaguar Uranium Corp. (“ Jaguar ”) on completion of the transaction whereby Jaguar has acquired the Laguna Salada and Huemul uranium projects in Argentina from IsoEnergy.

Pursuant to the transaction, Jaguar acquired all of the issued and outstanding shares of wholly-owned subsidiary of IsoEnergy holding these assets in exchange for consideration of US$10M in common shares of Jaguar (“ Jaguar Shares ”) among other consideration as per IsoEnergy’s press release dated July 22, 2024.

Trumbull Fisher CEO commented “We are thrilled to see IsoEnergy and Jaguar complete this transaction as shareholders in both companies. The transaction increases Jaguar’s foot print in South America and we believe it will also […]

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( MENAFN – GlobeNewsWire – Nasdaq) TORONTO, July 23, 2024 (GLOBE NEWSWIRE) — Green Shift commodities Ltd. ( TSXV: GCOM ), (“ Green Shift ” or the“ Company ”) is pleased to congratulate both our portfolio companies IsoEnergy Ltd. (“ IsoEnergy ”) and Jaguar Uranium Corp. (“ Jaguar ”) on completion of the transaction whereby Jaguar has acquired the Laguna Salada and Huemul uranium projects in Argentina from IsoEnergy.

Pursuant to the transaction, Jaguar acquired all of the issued and outstanding shares of wholly-owned subsidiary of IsoEnergy holding these assets in exchange for consideration of US$10M in common shares of Jaguar (“ Jaguar Shares ”) among other consideration as per IsoEnergy’s press release dated July 22, 2024.

Trumbull Fisher CEO commented“We are thrilled to see IsoEnergy and Jaguar complete this transaction as shareholders in both companies. The transaction increases Jaguar’s foot print in South America and we believe it will also […]

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Image – 1:Image – 1:View print quality image about A student presenting behind a podium. about A student presenting behind a podium. Philip Mitreski presents his work at the International Academy of Business and Economics Conference in Hanoi, Vietnam. At just 19 years old, Philip Mitreski has already accomplished so much.

The business major with a concentration in accounting/finance always seems to be ahead of the curve. He’s on pace to graduate college a year and a half early. He’s traveled across the country and around the world presenting his research. He’s had three first-author papers appear in peer-reviewed and ranked journals.

Former Indiana University Northwest Business Professor Matthew Lutey said Mitreski is probably the only undergraduate who can say they’ve done that — perhaps ever.

And while he’s accomplished so much already, he feels his research on uranium and wealth management firms will be important in the future and set him […]

Click here to view original web page at news.iu.edu

Australia’s uranium stocks were in the red last week after the chief of the country’s energy grid, Daniel Westerman, said nuclear would not be part of its future energy mix.

“We need to decarbonise our own portfolio. Our coal will close by no later than 2035, so we haven’t got time to wait for nuclear to be there,” said Westerman, speaking at the Australian Clean Energy Summit 2024 on 16 July.

However, opposition leader Peter Dutton believes that nuclear energy is key to powering the country’s future. He has pledged that the Coalition will build seven nuclear power plants as early as 2035 if elected next year, arguing that the current government’s preference for renewables isn’t feasible.

Dutton’s plan has attracted criticism. The Commonwealth Scientific and Industrial Research Organisation (CSIRO) has calculated that building a 1,000MW nuclear plant would require investment of $8.6bn. Even then, “this capital cost can only be achieved […]

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Uranium stocks are underestimated and ready to rumble. Consider these three titans.

Cameco ( CCJ ): A solid operating outlook paired with a bullish tag from Bank of America raises optimism.

Uranium Energy Corp ( UEC ): And underestimated vertically integrated powerhouse.

Paladin Energy ( PALAF ): Solid mine development plans and a recent acquisition play into its broader growth story. Source: John Carnemolla / Shutterstock.com The uranium spot price has dropped by approximately 18% since January, below the $85 handle . As such, numerous uranium stocks have shed weight, concurrently casting doubt over the industry.Falling uranium prices are a severe headwind. However, as a contrarian, I believe uranium’s recent decline has sparked a buying opportunity, especially given the ongoing worldwide energy shortage. Thus, I embarked on a journey to find three best-in-class uranium stocks to buy. My screening process focused on fundamental aspects, valuation multiples and technical analysis. […]

Click here to view original web page at investorplace.com

Toronto, Ontario and Nucla, Colorado, July 22, 2024 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased provide the following updates.

New Director Election and Incentive Stock Option Grant

Michael Skutezky was recently elected as a new director at the Company’s Annual General and Special Meeting of Shareholders. In light of the significant improvements in uranium markets over the past year, the development of Western’s mining operations, and substantial advancements in our projects, the Company also sought to enhance its governance. To achieve this, we expanded our board of directors, adding an independent director with a complementary skill set and extensive expertise in the uranium industry.

Mr. Skutezky brings over 40 years of experience as an officer, counsel, and director of private and public resource sector companies, including several uranium and critical materials issuers. Previously, he served as Assistant General Counsel […]

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InvestorPlace – Stock Market News, Stock Advice & Trading Tips

The uranium spot price has dropped by approximately 18% since January, below the $85 handle . As such, numerous uranium stocks have shed weight, concurrently casting doubt over the industry.

Falling uranium prices are a severe headwind. However, as a contrarian, I believe uranium’s recent decline has sparked a buying opportunity, especially given the ongoing worldwide energy shortage. Thus, I embarked on a journey to find three best-in-class uranium stocks to buy. My screening process focused on fundamental aspects, valuation multiples and technical analysis. Moreover, risk assessment was phased in where necessary to ensure complete alignment.

Considering the above, here are three top-tier uranium stocks to watch. Cameco (CCJ) CCJ Stock: Hand in long yellow glove holding a chunk of uranium material Source: shutterstock.com/RHJPhtotoandilustration Bank of America (NYSE: BAC ) analysts dubbed Cameco (NYSE: CCJ ) a top pick based on […]

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Toronto, July 22, 2024 – Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) ("Western" or the "Company") is pleased provide the following updates.

New Director Election and Incentive Stock Option Grant

Michael Skutezky was recently elected as a new director at the Company’s Annual General and Special Meeting of Shareholders. In light of the significant improvements in uranium markets over the past year, the development of Western’s mining operations, and substantial advancements in our projects, the Company also sought to enhance its governance. To achieve this, we expanded our board of directors, adding an independent director with a complementary skill set and extensive expertise in the uranium industry.

Mr. Skutezky brings over 40 years of experience as an officer, counsel, and director of private and public resource sector companies, including several uranium and critical materials issuers. Previously, he served as Assistant General Counsel of the Royal Bank, where he specialized in […]

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Infini Resources has found promising results in a UAV magnetic survey at its Portland Creek project in Canada. Credit: File Infini Resources has completed unmanned aerial vehicle (UAV) magnetic surveys revealing substantial fault structures and associated magnetic anomalies coinciding with recently-announced record uranium-in-soil results at its Portland Creek project in Canada.

The company says the surveys reveal multiple large-scale structures and magnetic anomalies identified within a highly-prospective 3.2km-long radiometric corridor that exhibit a strong correlation with existing uranium mineralisation. It includes a 74,997 parts per million (7.5 per cent) uranium oxide sample that kickstarted Infini’s recent 613 per cent share price run from a low of 14.5c on June 26 to an intraday high of $1.035 on July 16.

Management believes a collisional tectonic zone (primary structure) with a network of interpreted north-east to south-west-trending splay faults (secondary structures) may be controlling its high-grade 235m-by-100m soil anomaly. The primary fault is […]

Click here to view original web page at thewest.com.au

Undergraduate Philip Mitreski’s work has been showcased around the globe

At just 19 years old, Philip Mitreski has already accomplished so much.

The business major with a concentration in accounting/finance always seems to be ahead of the curve. He’s on pace to graduate college a year and a half early. He’s traveled across the country and around the world presenting his research. He’s had three first-author papers appear in peer-reviewed and ranked journals.

Former Indiana University Northwest Business Professor Matthew Lutey said Mitreski is probably the only undergraduate who can say they’ve done that — perhaps ever.And while he’s accomplished so much already, he feels his research on uranium and wealth management firms will be important in the future and set him even further apart.“I’m focused on a specialized niche,” Mitreski said. “It’s more or less my personal anticipation of what the future economic needs of the United States might be […]

Click here to view original web page at nwi.life

Sharecast graphic / Josh White Yellow Cake reported a significant rise in its full-year financial performance on Friday, driven by a substantial increase in uranium prices. FTSE AIM 100

3,774.89

13:59 19/07/24

n/an/a FTSE AIM All-Share 784.24 13:59 19/07/24n/an/a Industrial Metals & Mining 6,384.56 13:30 19/07/24-1.84%-119.37The AIM-traded firm said the spot price of triuranium octoxide peaked at a 16-year high of $107 per pound in February 2024 and closed the financial year at $87 per pound, marking a 72% rise from $50.65 per pound on 31 March 2023.During the 12 months ended 31 March, the value of Yellow Cake’s triuranium octoxide holdings surged 84%, reaching $1.75bn.That increase was put down to a net rise in uranium volume from 18.81 million pounds to 20.16 million pounds, coupled with the price appreciation of uranium.The company raised around $125m (£103m) through a share placing in October, which was […]

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Rhea-AI Summary

Standard Uranium (TSXV: STND) (OTCQB: STTDF) has announced new prospecting results and drill target areas at its Sun Dog Uranium Project near Uranium City, Saskatchewan. The company is set to commence a drilling campaign next week, targeting high-grade, unconformity-related basement-hosted uranium mineralization. Key highlights include:

1. Discovery of new uranium zones with radioactivity up to 22,300 counts per second (cps) at the Wishbone target area.
2. Over 4km of untested VTEM conductors at the McNie target area.
3. New and historical zones of strong radioactivity >65,535 cps at the Spring-Dome target area. 4. Historical high-grade uranium assays ranging from 0.30% to 17.4% U3O8 at Wishbone and Spring-Dome areas. 5. Planned drilling of 1,000 to 1,200 metres across 5-7 drill holes, starting July 21st.The project is under a three-year earn-in option agreement with Aero Energy , who will fund the program while Standard Uranium operates it.Positive Discovery of new […]

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Vancouver, Kelowna, and Delta, British Columbia–(Newsfile Corp. – July 18, 2024) – Investorideas.com , a global investor news source covering mining and metals stocks releases a snapshot looking at the future of uranium mining and exploration, featuring Pegasus Resources Inc. (TSXV: PEGA) (OTC Pink: SLTFF) (FSE: 0QS0), a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America.

Read the full article on Investorideas.com
https://www.investorideas.com/News/2024/mining/07180Uranium-Miners.asp

The World Nuclear Association recently reported on the sector noting, "Looking ten years ahead, the market is expected to grow. The Reference Scenario of the 2023 edition of the World Nuclear Association’s Nuclear Fuel Report shows a 28% increase in uranium demand over 2023-30 (for an 18% increase in reactor capacity – many new cores will be required). Demand thereafter will depend on new plants being built and the rate at which older plants are retired […]

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Read the full article on Investorideas.com
https://www.investorideas.com/News/2024/mining/07180Uranium-Miners.asp

The World Nuclear Association recently reported on the sector noting, "Looking ten years ahead, the market is expected to grow. The Reference Scenario of the 2023 edition of the World Nuclear Association’s Nuclear Fuel Report shows a 28% increase in uranium demand over 2023-30 (for an 18% increase in reactor capacity – many new cores will be required). Demand thereafter will depend on new plants being built and the rate at which older plants are retired – the Reference Scenario of the 2023 Nuclear Fuel Report has a 51% increase in uranium demand for the decade 2031-2040. Licensing of plant lifetime extensions and the economic attractiveness of continued operation of older reactors are critical factors in the medium-term uranium market. However, with electricity demand by 2040 potentially increasing by about 50% from that of 2022 (based on the International Energy Agency’s World […]

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